hybrid security

A security with features of both a debt instrument (such as a bond) and an equity interest (such as a share of stock).

• An example of a hybrid security is a convertible bond, which can be exchanged for shares in the issuing corporation and is subject to stock-price fluctuations.

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词条贡献者

资深译员Gary，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，专注翻译各种与公共政策与战略有关的法律文件。